CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
Axis Bank

Axis Bank Olympus Credit Card

33
Ranked #71 of 170 in credit
creditVisa/MastercardSuper-Premium

Super-premium Axis travel/lifestyle card launched to migrate Citi Prestige cardholders; unlimited lounge access, Taj Epicure membership, EDGE Miles at 1:4 partner transfer ratio.

Score breakdown

Data completeness: 100% · Last verified: 09 Jul 2026

Reward value21/100 · weight 71%
≈ 1.00% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +10.0% score bonus — earns broadly without narrow category restrictions.
No rewards on: rent, education, utilities, insurance. Reward score is scaled by ×(1 − 3.8%), proportional to how much of the standard basket falls in these excluded categories (v4 formula, capped at −5%). Tip: pair with a card that covers these.
Fee efficiency18/100 · weight 12%
Redemption flexibility92/100 · weight 9%
Perks90/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
₹20,000 + 18% GST
= ₹23,600 total
Annual fee
₹20,000 + 18% GST
= ₹23,600 / year total
Waiver: No waiver per most sources; one source cites waiver at Rs 25L annual spend — unverified, flagged
Forex markup
1.8%

Lounge access

Domestic (per year)
Unlimited
International (per year)
Unlimited

Reward structure

CategoryTypeRateCapNotes
all_spendscashback1%—1 EDGE Mile per ₹100 on domestic eligible spends. Catalogue ₹0.20/mile, ~₹1/mile realistic on partner transfers (up to 4–8% effective on strategic airline/hotel redemptions). International spends earn 2 miles/₹100.
fuelcashback0%—No EDGE Miles on fuel
rentcashback0%—No EDGE Miles on rent
wallet_loadcashback0%—No EDGE Miles on wallet loads
utilitiescashback0%—No EDGE Miles on utilities
insurancecashback0%—No EDGE Miles on insurance
educationcashback0%—No EDGE Miles on education
governmentcashback0%—No EDGE Miles on government/tax payments

No rewards on

These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).

FuelRentWallet loadsUtilitiesInsuranceEducationGovernment/tax paymentsTransportation & tollsCash advancesFees & reversalsExcluded MCCs

Welcome offer

Rs 10,000 Taj/ITC hotel vouchers + 2,500 EDGE Miles on first transaction, renewed annually on renewal-year first spend

Milestone benefits

Pros

  • Unlimited lounge access (domestic+intl), annually renewing Rs 10k hotel vouchers, Taj Epicure membership (~Rs 25k value), low 1.8% forex markup, 8 golf sessions/year, BOGO movie offers via BookMyShow

Cons

  • High Rs 20,000+GST fee with no confirmed waiver, low base earn (1 EDGE Mile/Rs100 domestic = ~1% before transfer), extensive reward exclusions (fuel, utilities, insurance, education, govt, rent, wallet, transport/tolls), no milestone benefits

What's inside

More benefits

  • ₹10,000 Taj / ITC Hotels voucher

    ₹10,000

    ₹10,000 Taj or ITC Hotels voucher on joining and on every renewal after fee payment.

    yearly.

  • 2,500 EDGE Miles on joining/renewal

    ₹2,500

    2,500 EDGE Miles credited on joining and every renewal (~₹2,500 catalogue value; more on partner transfers).

    yearly.

  • Unlimited domestic lounge access

    Unlimited complimentary domestic airport lounge visits for the primary cardholder.

    yearly.

  • Unlimited international lounge access (Priority Pass)

    Complimentary Priority Pass with unlimited international lounge visits for the primary cardholder.

    yearly.

  • Airport Meet & Greet service

    Complimentary airport Meet & Greet at select Indian airports.

    yearly.

  • Hotels.com stay benefit

    ₹8,000

    Complimentary Hotels.com stay benefit under the prevailing offer.

    yearly.

  • Golf privileges

    ₹4,000

    Complimentary golf rounds/lessons at select courses (subject to prevailing policy).

    yearly.

  • BookMyShow offers

    ₹3,000

    Movie ticket discounts and BOGO offers via BookMyShow (per prevailing offer).

    yearly.

  • Premium 24x7 concierge

    Dedicated concierge for travel, dining, luxury hotel and lifestyle assistance.

    yearly.

  • Dining & luxury hotel privileges

    Curated dining discounts and luxury hotel privileges via Axis partnerships.

    yearly.

  • Taj Epicure Membership

    ₹25,000

    25% dining discount (up to 10 persons), 20% off Jiva Spas, 25% off Qmin App, preferential room rates at Taj/SeleQtions/Vivanta hotels

    Cap ₹25,000 / yearly. Complimentary, renews annually on first spend post-anniversary

  • Golf Program

    ₹3,000

    8 complimentary golf rounds/lessons/year; +1 extra round per Rs 50,000 spent in a billing cycle

    Cap ₹24,000 / yearly. Book via Axis Extraordinary Weekends portal or Olympus Concierge

  • BookMyShow BOGO

    ₹650

    Buy one get one on movie tickets (up to Rs 650 off) and non-movie tickets (up to Rs 1,000 off), twice/month each

    Cap ₹15,600 / monthly. Twice per month per benefit type

  • Airport meet & assist / transfers

    ₹2,000

    8 complimentary airport meet and assist services and 2 luxury airport transfers annually in select cities

    Cap ₹16,000 / yearly. Select cities only

Insurance cover

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₹NaN

Eligibility

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Suggested income Rs 25L/year, CIBIL 750+

Small print

Fuel surcharge:1% fuel surcharge waived at authorised petrol pumps